FDX is approaching our first resistance (horizontal pullback resistance, 38.2% fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level to our major support (50% fibonacci retracement).
Stochastic is also approaching resistance where we might be seeing a corresponding drop below this level.
Stochastic is also approaching resistance where we might be seeing a corresponding drop below this level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.